In this manual, you will find installation and usage instructions for MT4 Supreme Edition. Installation process and usage is the same in new MT5 Supreme Edition. Simply apply the instructions described in your MetaTrader 5 Supreme Edition accordingly.
Download MT4 Supreme Edition and make sure MetaTrader 4 is closed during the installation process.
Once the download is finished, open the .zip file and double-click the Admiral-MT4-Apps.exe file inside the .zip archive to execute it. This should initiate the installation assistant.
To initiate the Global Opinion widgets, open a chart for any symbol in the MetaTrader 4 (MT4) trading platform. Then add the Expert Advisor (EA) Admiral Radial Gauge, Linear Gauge or Market Watch, to the chart. Now either:
Note: you can only run one EA per chart in MT4. If an EA is already running on a chart, adding the Trade Terminal will replace the existing EA. To run both the Trade Terminal and another EA, simply open more than one chart.
As mentioned before, some of the Admiral Markets indicators can be used on Mac OS X, this includes: Global Opinion, Candle Countdown, High-Low, Local Time, Order History, Pivot and Spread.
To receive the install files for Mac, please contact our customer support team.
Ensure you correctly close MetaTrader 4 before attempting installation. To properly close the software:
To install the extension:
The Global Opinion tools consist of three components:
These revolutionary new trading tools harness the power of news sentiment on a global scale, by detecting subtle, but significant, changes in the undercurrents of the financial markets. Reading and contextualising millions of financial news stories and social media content every day, these tools give traders an unrivalled, dynamic perspective on the changing mood of market participants.
The Global Opinion tools drastically reduce the amount of time and effort that traders need to spend on daily research; highlighting the best assets to trade and signalling the changes in sentiment activity that are likely to directly impact trade success.
The Market Alerts tool is specifically designed to surface new trade ideas that are often too difficult to be identified using traditional tools.
Suitable for traders of all experience-levels, finding new trade ideas is very easy with the availability of a number of filtering options which can be used to highlight the trades that most suit your trading style, asset preference and risk appetite.
Triggered by substantial short-term changes in news sentiment, the tool compares these levels to historical events, determining the effect they had on price and how quickly the changes occurred, helping to predict reversals or continuations.
Combine Market Alerts with Radial and Linear Gauges to create an even stronger indicator. When both tools are in agreement, the probability of a price movement is higher.
Global Opinion Linear and Radial gauges can provide you with a no-nonsense indication of market consensus towards your chosen asset. This can help corroborate or build confidence in your trading ideas.
As the tools use sentiment data rather than price, they are a powerful additional indicator which can be used alone, or alongside your existing trading tools, to uncover trading opportunities. Alternatively, once you`ve placed your trade, these tools can act as an excellent monitoring tool, helping you determine when to exit a trade.
With speed-o-meter styling, the Radial and Linear Gauges provide an instant visual snapshot of how sentiment is building compared to the last 30 days – or your preferred time scale.
Display single or multiple assets in a single view; select the sentiment type* you wish to monitor and the period you wish to compare against.
If using within MT4, gauges will hover on your charts.
Feel free to visit our YouTube channel (in English), featuring live trade recordings, tutorials, about Global Opinion widgets and many other topics.
Please note that these add-ons are provided free of charge by an external, technical service provider, based on the Expert Advisor technology in the MT4 & MT5. As with all expert advisors (EA) plugins, these are only active when your MetaTrader has established connection to the internet and our servers. Although EA`s have been thoroughly tested and their technical reliability should be sufficient, malfunction can never be fully ruled out. Make sure you fully understand the functionality of all add-ins and extensions, e.g. by practicing their use extensively on a demo account. You should acknowledge before using EA`s that Admiral Markets is not liable for loss or other damage caused by your use of the EA`s.